Pepperstone
ECNPepperstone is an award-winning Australian broker regulated by FCA and ASIC, offering over 1,200 instruments with TradingView integration and no-dealing-desk (NDD) execution.
Trading Forex and CFDs involves a significant risk of loss.
Leverage shown is a reference figure for retail clients and varies by licensing entity and account balance. Retail clients under FCA, ASIC, CySEC, or ESMA rules are limited to 1:30. Actual leverage available depends on your jurisdiction of residence and client classification.
Our Rating Breakdown
Scores based on independent research and live account testing.
Pepperstone Full Review
Pepperstone was founded in Melbourne, Australia in 2010 and has grown into a globally recognized forex and CFD broker. The broker holds regulatory licenses from ASIC, FCA, CySEC, DFSA, the SCB, the CMA, and BaFin — making it one of the most comprehensively regulated brokers available.
Account Types
Pepperstone offers two main account types: Razor and Standard. The Razor account provides raw spreads from 0.0 pips with a commission of $3.50 per side, while the Standard account offers commission-free trading with the dealing cost built into a slightly wider spread.
Leverage
Maximum leverage varies by jurisdiction and client classification. Retail clients under the SCB (Bahamas) entity are capped at 1:200. Retail clients under FCA, ASIC, CySEC, or DFSA are capped at 1:30 in line with regulatory limits for retail investor protection. Clients who qualify as professional under the relevant regulator's criteria can access up to 1:500 — this is an investor-protection mechanism, not a limitation of the broker.
TradingView Integration
Pepperstone is one of the few brokers offering native TradingView integration, allowing traders to execute trades directly from TradingView charts — a major advantage for technical analysts.
Copy Trading
Pepperstone supports copy trading through DupliTrade, Myfxbook AutoTrade, and cTrader Copy, letting traders automatically mirror strategies from other traders. DupliTrade requires a minimum account balance to access; check current terms on Pepperstone's site before signing up. These copy trading services are not available to clients under Pepperstone's EU entity.
Range of Instruments
With over 1,200 instruments including 60+ currency pairs, 25 indices, commodities, shares, ETFs, and cryptocurrencies, Pepperstone offers one of the widest selections in the industry.
Customer Support
Pepperstone's customer support is available 24 hours a day, 5 days a week via live chat, email, and phone, and is well regarded for its responsiveness.
Verdict
Pepperstone is an excellent all-around broker suitable for both beginners and experienced traders. Its multi-jurisdiction regulation, diverse instrument selection, and TradingView integration set it apart from competitors.
Pros
- Regulated in 7 jurisdictions including FCA and ASIC
- Spreads from 0.0 pips on Razor account
- Integrated TradingView charts
- Responsive customer support (24/5)
- Wide range of instruments (1,200+)
Cons
- Not available to U.S.-based retail clients
- No fixed spread account
- Retail leverage capped at 1:30 under FCA/ASIC/CySEC
Broker Details
- Headquarters
- Melbourne, Australia
- Founded
- 2010
- Type
- ECN
- Min Deposit
- No minimum
- Max Leverage
- 1:200
Regulation
Platforms
- MetaTrader 4
- MetaTrader 5
- cTrader
- TradingView
- DupliTrade
Instruments
Pepperstone
No minimum deposit
Open AccountTrading Forex and CFDs involves a significant risk of loss.